The SEC opens up for corporate blogs in investor relations

Jonathan Schwartz, the chief executive officer of Sun Microsystems, suggested to the SEC that his corporate blog could be used as an approved channel to disclose corporate information. Although the response is not entirely positive, the Securities and Exchange Commission Chairman Christopher Cox leaves the door open for further discussion, according to CFO.com.

“The Commission encourages the use of websites as a source of information to the market and investors, and we welcome your offer to further discuss with us your views in this area,” Cox wrote.